Veteran's Benefit Improvement Act - Higher Loan Amounts for 2009 Plus 100% Cash-out Refinances! Too Good to be True?

VA has two refinance types. The previous rules limited regular refinance loans to 90% of the appraised value. Now 100% refis have been introduced. Download VA Guaranty Calculation Examples & 2008 VA County Loan Limit Charts for loans closed until December 31, 2008

(VA Circular 26-08-19: Implementation of Loan Guaranty Provisions of Public Law 110-389, October 16, 2008)

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